Elmsville was Canada’s 3754th most expensive suburb by listed median house price this month.
In Sep the median listed house price of $139,950 in Elmsville was a below average compared to the rest of New Brunswick.
From our data, it appears that neighbourhood is number 4050th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
It’s never an exact art, but to try to forecast how property is going to appreciate in Elmsville for investors, it’s important to look at data like:
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Elmsville, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Sep this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not Elmsville is a good investment target.